JTL to Add 3 Lakh MTPA ERW Line, Targeting Rs 7,000+ Margin, 500 SKUs

11 Jul 2025 CW Team

JTL Industries is pleased to announce a significant capacity expansion initiative with the planned commissioning of a new Electric Resistance Welded (ERW) pipe manufacturing line, specifically targeted to serve the ASTM/API-grade pipe market.

This facility will add a substantial annual capacity of 3,00,000 MTPA, strengthening JTL’s position in the value-added and high-strength steel pipe segments. The new line is scheduled to be fully installed and operational within 12 months.

Commenting on the development, the management of JTL Industries stated:

“This strategic investment reflects our commitment to diversifying our product portfolio and expanding our footprint in high-grade segments such as oil & gas, water transmission, and city gas distribution (CGD)— markets that typically yield superior EBITDA margins of Rs 7,000 to Rs 8,000 per metric tonne, making this expansion significantly value-accretive. Our entry into higher-thickness, API-compliant products is a natural evolution as we scale both our technical depth and strategic reach.

With this development, JTL will become one of the very few manufacturers in India with the capability to produce large-diameter, high-thickness API-grade ERW pipes—placing us in an exclusive league of technically advanced players. The new line will enable us to offer over 500 SKUs, vastly improving our ability to meet complex and customised infrastructure requirements across industries.

Backed by a deeply entrenched distribution network and a proven execution track record, we are confident of scaling this segment efficiently upon commissioning. This move firmly positions JTL as a credible, future- ready force in the API-grade pipe market, both domestically and in select global geographies.”

Image source:https://issuu.com/

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..